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Problem PS4.1.5 1 point possible (graded) Burger Hut and Patty King are perfectly competitive profit-maximizing firms in the fast food business. They sell identical products,

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Problem PS4.1.5 1 point possible (graded) Burger Hut and Patty King are perfectly competitive profit-maximizing firms in the fast food business. They sell identical products, and share the same market for both inputs and outputs. Burger Hut hires 3 cooks and 5 cashiers to serve its burgers. Patty King hires 2 cooks and 6 cashiers. Since Patty King hires more cashiers and fewer cooks, the marginal cashier at Patty King must be less productive than the marginal cashier at Burger Hut in equilibrium. False True Submit

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